EBON Q2 2019 Earnings Report — Ebang International Holdings Inc. Revenue & Financial Results | Market Cap Arena

Ebang International Holdings Inc.EBON

Q2 2019 Earnings

Reported June 29, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2019	Q1 2019	Q2 2018	QoQ Change	YoY Change
Revenue	$22M	—	—	—	—
Op. Income	-$27M	—	—	—	—
Gross Margin	-79.9%	—	—	—	—
Net Margin	-81.0%	—	—	—	—
EPS (Diluted)	$-4.86	—	—	—	—
Free Cash Flow	$360.3K	—	—	—	—

Income Statement

Item	Amount
REVENUE	$22M
Cost of Revenue	$40M
GROSS PROFIT	-$18M
R&D Expenses	$7M
Selling & Marketing	$494.8K
General & Administrative	$9M
SG&A Expenses	$10M
Other Expenses	$0
Operating Expenses	$509.1K
Cost & Expenses	$41M
OPERATING INCOME	-$27M
Interest Income	$1M
Interest Expense	$0
Other Income/Expenses	$9M
INCOME BEFORE TAX	-$19M
Income Tax Expense	$428.6K
Net Income from Continuing Ops	-$19M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$18M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$18M
D&A	$5M
EBIT	-$27M
EBITDA	-$22M
EPS	-$5
EPS Diluted	-$5

Cash Flow Statement

Item	Amount
Net Income	-$18M
Depreciation & Amortization	$5M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$40M
Change in Working Capital	-$27M
OPERATING CASH FLOW	$832.0K
Capital Expenditure	-$471.7K
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$130.9K
NET CASH FROM INVESTING	-$602.6K
Net Debt Issuance	$6M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$4M
NET CASH FROM FINANCING	$1M
FREE CASH FLOW	$360.3K
Net Change in Cash	$2M